Study: Lower income people more likely to be audited by IRS

As the Biden administration approved funding new IRS agents a study has found that people in the lowest income bracket are five times more likely to be audited than the rich.

“The IRS correspondence audit process is structured to expend the least amount of resources to conduct the largest number of examinations – resulting in the lowest level of customer service to taxpayers having the greatest need for assistance,” National Taxpayer Advocate Erin M. Collins said to Congress of the 2022 study, Fox News reported.

The Transactional Records Access Clearinghouse (TRAC) at Syracuse University examines internal IRS management reports each month, and the group noticed different trends by reviewing 2022 data. Most notably, the group looked at audits, particularly considering the agency relying more heavily on automatically produced letters sent to taxpayers.